Bought with Ken MacIntosh • Anchorage Real Estate Group
$302,000
$319,899
5.6%For more information regarding the value of a property, please contact us for a free consultation.
360 Manchester ST Manchester, NH 03103
10 Beds
1 Bath
4,296 SqFt
Key Details
Sold Price $302,000
Property Type Multi-Family
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
Square Footage 4,296 sqft
Price per Sqft $70
MLS Listing ID 4734528
Sold Date 04/22/19
Style Apartment Building
Bedrooms 10
Full Baths 1
Construction Status Existing
Year Built 1910
Annual Tax Amount $5,924
Tax Year 2018
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Apartment Building
Property Description
Money Maker in Manchester. BRAND NEW RUBBER ROOF! All Vinyl Replacement Windows. Cash flowing. Units currently occupied with good people, month to month. Seller to offer CREDIT FOR CLOSING COSTS upon request! The 4 BR unit on the 1st flr has been occupied by the same family for years. HEAT- oil/steam heat [newer boiler] mainly for the first floor only, every other unit has its own gas space heater paid for by the tenant and gas hot water heaters. Electric is included, separation NOT cost feasible, but the bill is only roughly $350/mo.-earn skymiles/pay by CC, OR install solar on roof. Lead Safe Cert. and a new back egress deck built 3 yrs ago. Tenants handle their own snow removal/trash. Walking distance to downtown. Investors take note. New CoC last summer good for 3 years. Could use upgrades to increase rents. Could do very basic renovations for instant equity. Rents have not been raised to keep good people in place. NOTE: Due to the Lead Paint abatement public policy obligations, if you want to purchase and evict, Tenants must be allowed to stay SO LONG AS THEY ARE PAYING RENT through APRIL 2019. OK to Evict if not current. Seller Help w/Eviction avail. at request! Rents and price commensurate with the class of building. Could be renovated and increased to boost cash flow, or leave as is and continue collecting the cash! Broker interest. Expenses believed to be and intended to be accurate, but not guaranteed as they vary more or less. See also NonPublic Remarks.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning Residential
Rooms
Basement Entrance Walkout
Basement Concrete
Interior
Heating Gas - Natural, Oil
Cooling None
Exterior
Exterior Feature Shingle
Garage Description On-Site, Parking Spaces 6+, Paved
Roof Type Membrane
Building
Lot Description City Lot
Story 3
Foundation Block, Concrete
Sewer Public
Water Public
Construction Status Existing
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